Bloomington, IL Restaurants for Sale

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Normal, IL Heyworth, IL Danvers, IL Hudson, IL Downs, IL Carlock, IL Stanford, IL Ellsworth, IL

6 properties

Updated: Jul 24

Turnkey Irish-Themed Bar and Office

523 North Main Street, Bloomington, IL 61701

$350,000

2,500 sqft

Operational Irish‑themed bar in Bloomington’s downtown neighborhood, built in the early 1900s
Approx. 2,500 SF layout includes an upstairs room suitable for office use or rental
Zoned D‑2 for retail and/or restaurant ventures
Includes all fixtures and equipment for a ready ownership transition; business remains open
Upstairs space can be used for office or rented out, providing potential added use alongside the bar

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This listing looks promising.

Here's a quick look at some key insights for

523 North Main Street, Bloomington, IL 61701

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Est. Cap Rate

8.8%
Above avg (5.9%)
Est. NOI

$31K
Annual
Price @ 7% Cap

$440K
Above asking

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Updated: Aug 12

Two-Venue Restaurant Building

704 McGregor Street, Bloomington, IL 61701

$1,100,000

8,595 sqft

8,595 SF remodeled restaurant property with two venues under one roof
Rear area includes its own bar, restrooms, and exterior entrance
78 parking spaces
Layout supports dining, bar, event, live music, and private buyout concepts
Minutes from Veterans Parkway and downtown

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Drive-Thru Coffee NNN Lease

502 IAA Dr, Bloomington, IL 61701

Contact for pricing

986 sqft

Absolute NNN drive-thru leased to Dutch Bros on a 15-year term with scheduled rent increases.

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Multi-Story Retail and Office Building

217 W JEFFERSON ST, Bloomington, IL 61701

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20,240 sqft

First floor is leased to an arcade bar, with additional space available on the second floor and other floors leased.

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Turnkey Bakery Business

Turnkey Bakery Business for Sale (504 Guido Circle), Bloomington, IL 61701

$395,000

Established bakery and catering operation on the market, operating for nearly 40 years with custom cakes and desserts.

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Downtown Bloomington Sports Bar

102 W Washington St, Bloomington, IL 61701

Contact for pricing

Established sports bar with full kitchen and gaming area.

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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 6 Active listings in Bloomington, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Fully Equipped Restaurant Space

616 W Van Buren Street, Clinton, IL 61727

$399,900

0.60 AC lot

Central air and COMMR zoning support a ready-to-operate restaurant space with included equipment.

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Two-Tenant Corner Retail Restaurant

1601 E College Ave, Normal, IL 61761

Contact for pricing

5,311 sqft

Two-tenant retail restaurant property on a premier corner with 100% occupancy by Chipotle and Blaze Pizza.

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Steak 'n Shake Investment Opportunity

614 W Raab Rd, Normal, IL

Contact for pricing

3,490 sqft 0.98 AC lot

NNN leased Steak 'n Shake with drive-thru in Normal, IL.

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Equipped Restaurant Property

616 W Van Buren Street, Clinton, IL 61727

Contact for pricing

Existing restaurant equipment is included with the commercial restaurant property.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land For Sale, Normal, IL

Susan Drive lot: 21, Normal, IL 61761

$375,000

1.37 AC lot

1.37 acre commercial land available in Normal, Illinois.

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Prime Commercial Land Opportunity

1038 Wylie Drive, Bloomington, IL 61705

Contact for pricing

2.31 AC lot

2.31-acre commercial site in a high-growth Bloomington-Normal market.

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Commercial Land Near Interstate Access

Le Roy, IL 61752

$76,250

0.70 AC lot

Commercially zoned parcel with Interstate 74 proximity and exit-ramp visibility.

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Commercial Land Near Interstate Access

Le Roy, IL 61752

$127,200

1.46 AC lot

Commercial lot with visibility from Interstate 74 and its exit ramp.

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Off-Market Properties in Bloomington, IL

Consider similar Off-Market properties in Bloomington, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Restaurants

3805 Ballybunion Rd, Bloomington, IL 61704

Value Estimation by Request

5,016 sqft 0.75 AC lot

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Restaurants

113 Center St, Bloomington, IL 61701

Value Estimation by Request

View details

Restaurants

1709 Pkwy, Bloomington, IL 61701

Value Estimation by Request

6,262 sqft

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Bloomington, IL Restaurants Market Trends and Statistics

Explore 9 restaurants for sale in Bloomington, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 32,321 square feet of properties for sale, with an estimated market value of $1,845,000.

Sale prices for restaurant properties in Bloomington, IL start at $350,000, averaging $615,000, and reaching up to $1,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 85K

Population Growth (5Y) -0.4%

Median Household Income $81,768

College Educated 25.4%

High-Yield Neighborhoods for Investment

Identify Bloomington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
61701	$372.5K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in McLean County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Bloomington fall within the 25,000 to 50,000 square foot range.

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